Dogecoin co-founder Billy Markus humorously suggested the U.S. government spend $1.2 trillion buying Dogecoin and distributing it to Americans, instead of issuing $5,000 stimulus checks. This idea came amid discussions of stimulus payments by President Trump, but economists warn such payments could fuel inflation rather than boost purchasing power. Markus's proposal is largely a joke, as buying $1.2 trillion worth of Dogecoin would be impractical given its market size and likely cause a massive price surge. Currently, Dogecoin's market cap is about $13.2 billion, making the proposed purchase more than 90 times its value. The U.S. government has created a Strategic Bitcoin Reserve but holds no official Dogecoin assets.
Obra Capital has closed its fifth Collateralized Loan Obligation (CLO) offering, raising $403.6 million. This deal brings the firm's total CLO issuance to more than $2 billion across five deals in less than two years, demonstrating strong investor co...
ImPact Biotech reported positive early results from its Phase 1 trial of Padeliporfin VTP in patients with locally advanced, unresectable pancreatic cancer. Of 12 patients treated, 75% have undergone or are scheduled for surgery, with over half achie...
Avacta Therapeutics presented positive preclinical and early clinical data for AVA6103, a novel peptide-drug conjugate targeting FAP-positive tumors resistant to Enhertu. AVA6103 demonstrated superior tumor control and prolonged drug release in precl...
eSoftware Associates has introduced a free five-minute AI readiness assessment to help regulated organizations identify and prioritize security risks related to sensitive file access in Microsoft 365 before deploying Copilot. The assessment highlight...
Balchem Corporation reported strong Q3 2026 results with net sales of $290.7 million, up 8.6% year-over-year, and net earnings of $46.7 million, a 16% increase. Growth was driven by all three segments: Human Nutrition and Health, Animal Nutrition and...
